UBS Raises Price Target on Lowe's Cos. (LOW) to $88 Following 1Q; Reiterates Buy

Lowe's (LOW): Demand Strong But Valuation Rich - Raymond James

May 19, 2016 9:32 AM EDT

Raymond James analyst, Budd Bugatch, reiterated his Market Perform rating on Lowe's (NYSE: LOW) following Lowes F1Q16 earnings release and conference call. The company delivered total sales and EPS ahead of our and consensus estimates and remarked that the environment is, and... More

Notable 52-Week Highs and Lows 5/18: (LOW) (CHTR) (CHD) High; (LB) (RRGB) (SGY) Low

May 18, 2016 3:43 PM EDT

52-Week High:Lowe's Cos. (NYSE: LOW) $79.49. Lowe's Cos. reported Q1 EPS of $0.98, or $0.87 ex-currency gain, versus the analyst estimate of $0.85. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $14.87 billion. Lowe's Cos. sees FY16 EPS of $4.11,... More

Pre-Open Stock Movers 05/18: (SAAS) (MZOR) (ANDE) Higher; (TGT) (VIPS) (ACXM) Lower (more...)

May 18, 2016 9:35 AM EDT

Today's Pre-Open Stock Movers:

inContact (NASDAQ: SAAS) 53.9% HIGHER; NICE (Nasdaq: NICE) announced that it has entered a definitive agreement to acquire inContact (NASDAQ:... More

Lowe's (LOW) volatility up into Q1 beat on top and bottom line, comps up 7.3%

May 18, 2016 6:45 AM EDT

Lowe's (NYSE: LOW) is recently up $1.95 to $78 in the premarket after reporting Q1 EPS 98c, compared to consensus 85c, sees FY16 EPS about $4.11, compared to consensus $4.00 and expects to add about 45 stores in FY16. May call option implied volatility is at 51, June is at... More

Lowe's sales beat estimates; shares hit record high

May 18, 2016 6:35 AM EDT

By Sruthi Ramakrishnan

(Reuters) - Lowe's Cos Inc (NYSE: LOW) followed larger rival Home Depot Inc (NYSE: HD) in reporting better-than-expected quarterly sales as strength in the U.S. housing market and favorable weather powered demand for building and home renovation products.

Shares of the home improvement chain, which also raised its profit forecast for the year ending Feb. 3, rose as much as 4 percent to a record high of $79.08, boosting the company's market value by about $2.5 billion.

In contrast, Home Depot's shares fell as... More

Lowe's Cos. (LOW) Tops Q1 Views, Guides Above the Street

May 18, 2016 6:08 AM EDT

Lowe's Cos. (NYSE: LOW) reported Q1 EPS of $0.98, or $0.87 ex-currency gain, versus the analyst estimate of $0.85. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $14.87 billion.

The first quarter results include an unrealized gain on a foreign currency hedge entered into in... More

Lowe's (LOW) May 75.5 calls, May 72.5 & 75 puts active into Q1

May 17, 2016 4:38 PM EDT

Lowe's (NYSE: LOW) May 75 straddle priced for 3.8% movement into Q1

... More

Trading Radar for 5/18: Lowe's (LOW), Cisco (CSCO), Target (TGT), Staple (SPLS), salesforce (CRM) Report

May 17, 2016 3:12 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

Affimed (Nasdaq: AFMD) - consensus loss $0.17
Analog Devices (NYSE: ADI) - consensus EPS $0.62
Booz... More

Lowe's (LOW) May call volatility elevated into Q1 and outlook

May 17, 2016 10:37 AM EDT

Lowe's (NYSE: LOW) May call option implied volatility is at 54, June is at 27; compared to its 52-week range of 16 to 37, into the expected release of Q1 results on May 18.

... More

Home Depot raises forecasts after strong start to the year

May 17, 2016 9:10 AM EDT

By Sruthi Ramakrishnan

(Reuters) - Home Depot Inc (NYSE: HD) boosted its sales and profit forecasts for the year on Tuesday after a stronger-than-expected first quarter, driven by a healthy housing market and favorable weather that encouraged Americans to spruce up their homes.

The company's results stood in stark contrast to grim quarterly reports from retailers such as Macy's Inc (NYSE: M), which have been hit as consumers shift spending away from apparel and accessories to big-ticket items including cars and homes.

"After last... More

Lowe's Cos. (LOW) on Watch Following Strong Q1 Numbers, Boosted Outlook from Home Depot (HD)

May 17, 2016 6:26 AM EDT

Lowe's Cos. (NYSE: LOW) shares are on watch following solid Q1 results from peer Home Depot (NYSE:... More